Announcement for capital reduction in cash
on behalf of significant subsidiary
TONG YANG HOLDING CORPORATION
Date of events
2022/06/30
To which item it meets
paragraph 11
Statement
1.Date of the board of directors resolution:2022/06/30
2.Reason for capital reduction:Capital reduction in cash
3.Amount of capital reduction:USD16,466,906.
4.Cancelled shares:16,466,906 shares
5.Capital reduction percentage:21.82%
6.Share capital after capital reduction:USD59,000,000.
7.Scheduled date of the shareholders meeting:N/A
8.Estimated no.of listed common shares after issuance of new shares
upon capital reduction:N/A
9.Estimated ratio of listed common shares after issuance of new shares upon
capital reduction to outstanding common shares:N/A
10.Please explain any countermeasures for lower circulation in
shareholding if the aforesaid estimated no.of listed common shares upon
capital reduction does not reach 60 million and the percentage does not
reach 25%:N/A
11.The record date for capital reduction:N/A
12.Any other matters that need to be specified:None
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Tong Yang Industry Co. Ltd. published this content on 30 June 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 30 June 2022 09:21:10 UTC.
Tong Yang Industry Co Ltd is a Taiwan-based company mainly engaged in the manufacture and sale of automobile and motorcycle spare parts. The Company operates through two segments. The Automobile Assembly Market segment is engaged in the manufacture and sale of automobile and motorcycle spare parts for automobile assembly market. The Repair and Maintenance Market segment is engaged in the manufacture and sale of automobile and motorcycle spare parts for repair and maintenance market. The main products include bumpers, headers, instrument boards, engine covers, fenders and fans. The Company operates within the domestic market and to overseas markets, including China mainland, the United States and other countries.
TONG YANG INDUSTRY CO., LTD. 
